Company DescriptionWhen LibreDigital formed in 1999 to provide publishers with digital warehousing and e-distribution, the web was a place for email, retail, and early content experiments. The term “blog” had just been coined. Social networking was the province of message boards and article comments. Google was a small company in Palo Alto. Mark Zuckerberg, the eventual founder of Facebook, was 15 years old.

Proceeds PurposesThe new capital infusion will be used by LibreDigital to expand e-book services for publishers looking to capitalize on the unprecedented demand for e-books, which is being driven by the release of new devices like the Apple iPad.